Vow And Controlpartner Establish Joint Venture Within Automation
Vow and Controlpartner establish a joint venture within automation, Vow Automation AS, in which Scanship will own 50.1 per cent and Control Invest AS will own 49.9 per cent. The aim of Vow Automation is to develop better digitized control systems, mainly to the Vow group and its many projects and system deliveries.
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“Vow is developing and building advanced process technology and systems for waste management within the maritime and landbased industries. We see high and increasing demand for our solutions and foresee significant growth. With Vow Automation, we will increase our capacity and secure access to expertise which will ensure quality in all our deliveries as we continue to expand”, says Henrik Badin, CEO of Vow ASA.
“In Industry 4.0 – the fourth industrial revolution – intelligent automation systems have become increasingly important to make processes more efficient, and not least, in order to document the environmental benefits of the solutions”, says Robert Wasler, CEO of Controlpartner AS.
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In Vow Automation, Vow and Controlpartner will rapidly build a technology hub with expertise adapted to Vow’s needs. The collaboration will give Vow control of technology and further its competitive advantages. In addition, a program for productization is expected to enable large cost savings in the production.
Controlpartner is a technology company within automation and digitised maintenance systems. The company’s success is based on extensive experience and the application of new technological platforms.
Controlpartner has been a key partner and supplier to the Vow group for many years. This collaboration is now entering a new phase in the form of a formalised partnership, which will bring both parties forward technologically and commercially. Vow Automation will be headquartered in Tønsberg, Norway, in connection to Scanship’s offices.
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